29, THORNTREE WAY, BLYTH, NE24 4LS - £162,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 THORNTREE WAY is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £162,000 in August 2020, which was around 40% below the average August 2020 detached price in the Northumberland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

29 THORNTREE WAY Sold Prices

Land registry data shows four sales for 29 THORNTREE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Northumberland local authority area for the corresponding sale date. All of the four 29 THORNTREE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 12 AUG	£162,000	£268,221	40% below HPI
2009 18 DEC	£170,000	£242,364	30% below HPI
2004 23 JUL	£148,000	£205,747	28% below HPI
1999 4 JUN	£61,450	£95,555	36% below HPI

29 THORNTREE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Northumberland local authority area over time, sourced from the HPI. The four 29 THORNTREE WAY sales between June 1999 and August 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2020 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 29 THORNTREE WAY?

29 THORNTREE WAY is 72m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Blyth, based on EPC data. The below chart shows the distribution of detached houses by size in Blyth, and where 29 THORNTREE WAY lies on this distribution: 6% of detached houses are smaller than 29 THORNTREE WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Blyth.

29 THORNTREE WAY: Plot and Title Map

29 THORNTREE WAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 29 THORNTREE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 29 THORNTREE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 29 THORNTREE WAY?

29 THORNTREE WAY is located in BLYTH, in the NE24 postcode district. The below map shows the position of No. 29 on THORNTREE WAY.